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13 11, 2017

CHL records an 8% decline in year-end net profit

2017-11-13T16:18:18-05:00

Cargo Handlers Limited (CHL) for the year ended September 30, 2017 reported revenues of $320.83 million, 4% higher than the $307.77 million booked in 2016. However, revenue for the quarter contracted 11% to $65.39 million relative to $73.40 million documented for the corresponding quarter of 2016. The company noted, “this result was due to a combination

13 11, 2017

LASF reported a 66% increase in net profit for six months end September 2017

2017-11-13T16:17:48-05:00

Lasco Financial Services Limited (LASF) For the six months ended September 30, 2017: - LASF recorded trading income of $681.28 million; this represented a growth of 35% when compared to $506.21 million posted in 2016, while trading income for the quarter amounted to $378.6 million (2016: $268.73 million). Other income amounted to $33.93 million, an

13 11, 2017

PURITY reports nine months net loss of $22.86 million

2017-11-13T15:19:40-05:00

Consolidated Bakeries (Jamaica) Limited (PURITY) For the nine months ended September 30, 2017 Consolidated Bakeries (Jamaica) Limited (PURITY) for the nine months ended September 30, 2017 recorded a 6% decline in revenue to $643.07 million from $680.64 million reported for the corresponding period in 2016. For the third quarter the company recorded revenue of $195.61

13 11, 2017

Overseas Headlines – November 13, 2017

2017-11-13T13:57:17-05:00

Europe: Euro Economy Is Heading Towards a Golden Period Europe is no longer the sick man of the world economy. The 19-nation euro-zone bloc is already enjoying the strongest growth in a decade and now economists at Credit Suisse Group AG and Oxford Economics are declaring that it’s heading toward a golden period of low-inflationary

10 11, 2017

SVL reports a 56% increase in nine months net profit

2017-11-10T21:47:33-05:00

Supreme Ventures Limited (SVL) for the nine months ended September 30, 2017 reported a 25% in revenues from $41.24 billion for the 2017 period, up from $33.06 billion in 2016. While for the third quarter revenues totaled $13.87 million relative to $10.90 million in 2016. Revenues from the company’s segments were as follows: Lottery -

10 11, 2017

BRG reports 18% increase in six months net profit.

2017-11-10T21:47:15-05:00

For the six months ended September 30, 2017: Revenues for the six months increased by 6% for the period to close at $1.08 billion (2016: $1.02 billion). For the quarter the company reported revenue of $620.98 million relative to the $512.25 million reported in 2016. The company saw a 5% increase in total operating expenses

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